IMF European Director Poul Thomsen to retire

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Simon Ateba is Chief White House Correspondent for Today News Africa. Simon covers President Joe Biden, Vice President Kamala Harris, the U.S. government, the United Nations, the International Monetary Fund, the World Bank and other financial and international institutions in Washington D.C. and New York City.

The International Monetary Fund (IMF) Managing Director Kristalina Georgieva announced on Monday that Poul Thomsen, European Department Director, will retire at the end of July.

MD Georgieva meets with DC based journalists - January 31, 2020
MD Georgieva meets with DC based journalists – January 31, 2020

“Poul has worked closely with all 44 countries in Europe and played a particularly important role in providing needed policy advice and guidance to the many countries that transitioned to market-based economies following the fall of the Berlin Wall,” Ms. Georgieva said in a statement received by TODAY NEWS AFRICA in Washington DC

“Poul is known as a tough-minded and principled negotiator, and he has always had the long-term wellbeing of the people of the member countries we serve squarely as the focus of his efforts,” Ms. Georgieva added.

Mr. Thomsen, a national of Denmark, has spent the bulk of his 37-year Fund career working on European countries in various senior positions in Washington and as the Fund’s representative in Russia.

Prior to taking up his position as head of the European Department in November 2014, he had primary responsibility for the Fund’s programs with European countries affected by the global financial crisis and the subsequent crisis in the Euro Zone.

As head of the European Department, Mr. Thomsen has led the Fund’s bilateral surveillance work, its policy dialogue with EU institutions, including the ECB, and its program discussions with European countries with Fund-supported programs.

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